ohne-makler
Print exposé
This listing has been automatically translated.

Apartment building in Stuttgart: €86,000 annual net cold rental income.

Obere Strasse 5, 70173 Stuttgart (Ost) – Baden-Württemberg
1.595.000 €
14
Room
287 m²
Living Area
145 m²
Plot Area
Private offer
House
Multi-family house

This property is an exceptional offering in a highly desirable residential area. The five-story apartment building, with a total of 14 spacious and renovated rooms and five bathrooms spread across five apartment levels, offers generous living space and a high level of comfort. The property features five separate heating systems, ensuring efficient heating throughout the building. Currently, the building is fully occupied and generates an annual gross rental income of €86,000. This represents an attractive potential return of 5.75% for investors seeking a secure real estate investment. With a garage for one car and three large storage rooms in the basement, the property offers additional space and convenience. The building is in good condition and offers significant potential for future appreciation. The property's location is highly sought-after, providing excellent access to public transportation and essential amenities. The asking price for this property, including the land, is €1,695,000, which represents a very good offer considering its size, location, and high return potential. Overall, this is an excellent investment opportunity for investors looking for a secure and profitable real estate investment.

Are you interested in this house?

Object Number
OM-259404
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
1.595.000 €
Purchase additional costs
approx. 98,265 €
Total costs
approx. 1,693,264 €

Breakdown of Costs

Purchase price 1.595.000 €
Real estate transfer tax 79,750 € (5.00%)
Notary costs 12,257 € (0.77%)
Land register entry 6,258 € (0.39%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 6,263€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.89%

Details

Condition
Modernized
Number of floors
5
Number of garages
1
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1900
Equipment
Basement, Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

This property is a particularly good offer not only because of its central and attractive location in Stuttgart, but also because of its facilities. The apartment building is located in a quiet residential area between the Rosenteinpark near Wilhelma and Villa Berg / Mineralbäder. The public transport connection is excellent by bus line N6 (streetcar stop Mineralbäder). In the surrounding area there are numerous restaurants, bakeries, cafes, grocery stores and doctors within walking distance. The Milaneo shopping center can also be reached quickly via Rosensteinpark.

For recreational athletes and bike users, the surrounding parks of the lower castle park offer an optimal environment and also for bathing enthusiasts and sauna goers, the LEUZE mineral baths are right outside the front door in just 100m away.

Location

This property is a true gem and offers an excellent investment opportunity. The five-story multi-family building consists of 4 spacious apartments, each with three large rooms, a kitchen, a shower, and a separate toilet. The size of each apartment is approximately 65 square meters, providing ample living space.

On the top floor, there is a beautiful, fully renovated 2.5-room apartment with new, large skylights, a large bathroom with a corner bathtub, a modern kitchen, and a separate toilet. This apartment offers additional living space and comfort.

In total, the building offers 14 spacious rooms, with a total living area of 287 square meters, as well as a basement and a single garage in the backyard. The building is in excellent condition and offers significant potential for future appreciation.

The location of the property is highly desirable, offering good access to public transportation and everyday amenities. The building is currently fully occupied and generates an attractive monthly rental income of €7,166 (gross rent).

Location Check

Eating Out
50m
Sports
100m
Shopping
50m
Culture
600m
Health
750m
Nightlife
100m
Child Friendliness
150m
Nature
150m
Public Transport
300m

Energy

Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
250.00 kWh/(m²a)

Miscellaneous

The advantage of this property is its high net cold rent of €86,000 per year, which highlights the benefits of this investment. Furthermore, you don't need to worry about extensive renovations, as the house (roof, plumbing, kitchen, and bathrooms/toilets, rooms) has already been extensively renovated for you. Now is your chance to acquire this dream property and enjoy the highest quality of living in one of Stuttgart's best locations!

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

Send a message directly to the seller

Questions about this house? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Klaus Ziegeler